Pi Network Embeds KYC in Protocol, Aims for Decentralized Compliance

Generated by AI AgentCoin World
Monday, Sep 1, 2025 7:38 am ET2min read
Aime RobotAime Summary

- Pi Network launches Linux Node and protocol v23 upgrade to enhance decentralization and compliance.

- The upgrade integrates decentralized KYC verification, enabling broader compliance and trusted entity verification.

- Phased rollout aims to improve network stability and scalability, supporting ecosystem expansion despite current $0.38 price.

- Community optimism highlights progress toward technical empowerment and regulatory alignment in blockchain development.

Pi Network has launched a Linux Node version, addressing longstanding community demand and enhancing the network’s decentralized infrastructure. Nodes, which are critical to maintaining the blockchain’s operations, are now more accessible to technically proficient users and service partners. This update allows operators—particularly exchanges and service providers—to use standardized software, reducing reliance on custom builds and improving overall network stability. While the Linux Node itself does not immediately affect mining rewards or daily participation, it supports a more robust and scalable infrastructure that facilitates greater developer and community contributions within open-source environments. Installation guidelines for the Linux Node are publicly available for those interested in joining the network [2].

In parallel with the node release, Pi Network is preparing a significant protocol upgrade, transitioning from version 19 to version 23. This update is based on the Stellar protocol and introduces new functionalities and control mechanisms. The rollout is being implemented in stages through Testnet1, followed by Testnet2 and Mainnet upgrades in the coming weeks. During this process, planned outages may occur, and Pi Network has committed to announcing any service interruptions in advance to allow operators to prepare accordingly. Some third-party platforms, including centralized exchanges, may also experience brief disruptions during the transition. These upgrades are expected to improve the blockchain’s performance and scalability while maintaining its core principles of decentralization and accessibility [2].

A key feature of the protocol upgrade is the integration of a distributed Know Your Customer (KYC) authority directly into the blockchain. This change allows Pi to continue operating as a KYC-verified network while adopting a more decentralized approach to identity verification. The current Mainnet has over 14.8 million verified accounts, and the new system will enable trusted entities beyond Pi to perform verification in a community-driven model. This shift aims to maintain regulatory compliance and network integrity while supporting broader integration with external services that require verified users. The upgrade aligns Pi with emerging blockchain standards like ERC-3643, which embed compliance logic into public tokens [2].

The Linux Node release and protocol upgrades underscore Pi Network’s commitment to long-term scalability and regulatory alignment. By embedding KYC enforcement at the protocol level and offering more robust infrastructure tools, Pi positions itself for broader adoption and ecosystem expansion. The phased rollout strategy ensures gradual implementation, allowing for stability and adaptability as the network evolves. These developments are particularly important as Pi continues to navigate market challenges, including a current price of $0.38. While market sentiment and external factors will influence future price movements, Pi’s upgrades demonstrate a strategic focus on infrastructure resilience and regulatory preparedness [1].

Community members have expressed optimism about the Linux Node and protocol upgrades, emphasizing their potential to strengthen the Pi ecosystem. Many view the move as a step toward greater decentralization and technical empowerment. As the upgrades progress, their impact on network performance and user participation will become clearer. For now, Pi Network’s updates reflect a commitment to long-term development, even as the project continues its journey toward full decentralization and wider financial integration [1].

Source:

[1] Pi has released a Linux Node version and is preparing protocol upgrades (https://www.facebook.com/PiCoreTeam/posts/pi-has-released-a-linux-node-version-and-is-preparing-protocol-upgrades-the-high/1093658966230348/)

[2] Pi Network Launches Linux Node and Prepares Protocol ... (https://coinfomania.com/pi-network-launches-linux-node-and-prepares-protocol-upgrades/)

[3] Pi Network Unveils Linux Node, Protocol v23 as Pi Coin Fights AllTime Low (https://coinstats.app/news/be6540fd9b6734bfd90fbd50910938d3e0ac2d0b8e17367def8b38ed9dd29dfc_Pi-Network-Unveils-Linux-Node-Protocol-v23-as-Pi-Coin-Fights-AllTime-Low)

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